What Banks in India Generated the Most Fees in 2018?

Top Banks by Net Fee Income (INR bil)
Banking | India | November 05, 2019
$1.99
Excel Sheet

Based on a comparison of 26 banks in India in 2018, State Bank of India generated the largest fee income, followed by HDFC Bank and ICICI Bank.

State Bank of India reported total fee income of INR 260 bil, up 4.11% compared to the previous year. Historically, the bank’s fee income reached an all time high of INR 260 bil in 2018 and an all time low of INR 38.0 bil in 2001.

Comparing State Bank of India with its closest peers, HDFC Bank generated total fee income of INR 149 bil, ICICI Bank operated with INR 126 bil fee income and Axis Bank produced total fees worth INR 99.6 bil.

You can see all the banks fee income data on the Fee Income indicator page or you can download a report on the Indian banks in the report section.

Net Fee Income Unit 2011 2012 2013 2014 2015 2016 2017 2018
Axis Bank INR bil 52.7 57.5 66.1 74.1 78.9
Bandhan Bank INR bil ... ... ... ... 1.45 3.20
Bank of Baroda INR bil 13.1 15.0 15.6 15.9 16.9
Bank of India INR bil 12.8 14.4 16.2 14.2 13.4
Bank of Maharashtra INR bil 4.70 5.45 5.93 6.30 7.00
Canara Bank INR bil 8.68 9.83 9.97 9.94 12.7
Central Bank of India INR bil 8.16 8.22 8.83 9.11 9.32
City Union Bank INR bil ... 0.401 0.430 0.446 0.439
DCB Bank INR bil ... ... ... 1.19 1.41 1.66
Dhanlaxmi Bank INR bil 0.088 0.067 0.060 0.059 0.054
Federal Bank INR bil 3.05 3.34 3.81 4.41 5.76
HDFC Bank INR bil 54.4 61.0 71.2 83.1 94.8
ICICI Bank INR bil 62.8 73.2 83.9 87.7 96.3
IDBI Bank INR bil 18.0 19.3 20.6 21.4 23.7
IDFC First Bank INR bil ... ... ... ... 0.677 3.05
Indian Bank INR bil ... ... ... 2.88 ...
Indian Overseas Bank INR bil 8.95 9.29 10.0 ... 9.50
IndusInd Bank INR bil ... 9.47 11.7 15.5 22.3 29.0
Kotak Mahindra Bank INR bil 12.2 14.0 18.5 25.1 29.8
Lakshmi Vilas Bank INR bil 0.798 0.836 1.19 1.47 1.34
Punjab & Sind Bank INR bil 0.798 0.745 0.764 0.810 0.899
Punjab National Bank INR bil ... ... ... ... ...
State Bank of India INR bil 143 157 166 186 211
UCO Bank INR bil 2.54 2.33 2.66 1.43 1.84
Union Bank of India INR bil 3.57 4.39 3.82 3.99 4.50
Yes Bank INR bil 10.8 12.6 19.8 24.8 32.0
AVERAGE INR bil 18.2 19.6 20.9 22.6 23.1 26.4 31.5 34.7